The New Model No. 3 Target Model dominated target competitions in the late 1800s, and are found in the serial number range below 4,333. Of the 4,333 target variations manufactured, only approximately 2,900 were chambered in .32-44 caliber. The revolver has target sights, the two-line address/patent dates marking on top of the barrel rib, and matching serial numbers on the butt, right grip panel, cylinder, barrel, and barrel latch.

Excellent, retaining 95% original nickel finish with a few minor handling marks and a cylinder drag line. The grips are very fine with crisp checkering. Mechanically excellent. A standout example of a S&W New Model No. 3 Target .32-44 revolver.